COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Bukit Makmur.PT - Indonesia
  • Idemitsu - Japan
  • IOL Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Russian Coal LLC
  • Coastal Gujarat Power Limited - India
  • MS Steel International - UAE
  • Standard Chartered Bank - UAE
  • TRAFIGURA, South Korea
  • Indonesia Power. PT
  • Romanian Commodities Exchange
  • Planning Commission, India
  • Aditya Birla Group - India
  • Aboitiz Power Corporation - Philippines
  • Global Business Power Corporation, Philippines
  • Kobexindo Tractors - Indoneisa
  • Kohat Cement Company Ltd. - Pakistan
  • Petron Corporation, Philippines
  • PLN Batubara - Indonesia
  • J M Baxi & Co - India
  • Port Waratah Coal Services - Australia
  • Maheswari Brothers Coal Limited - India
  • Siam City Cement - Thailand
  • Enel Italy
  • Semirara Mining and Power Corporation, Philippines
  • Peabody Energy - USA
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Eastern Energy - Thailand
  • Australian Commodity Traders Exchange
  • Meralco Power Generation, Philippines
  • Britmindo - Indonesia
  • KOWEPO - South Korea
  • Energy Link Ltd, New Zealand
  • Krishnapatnam Port Company Ltd. - India
  • Xstrata Coal
  • Freeport Indonesia
  • Barasentosa Lestari - Indonesia
  • Mitra SK Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • Dalmia Cement Bharat India
  • Anglo American - United Kingdom
  • Thermax Limited - India
  • Kaltim Prima Coal - Indonesia
  • Cargill India Pvt Ltd
  • Bank of America
  • Agrawal Coal Company - India
  • Global Green Power PLC Corporation, Philippines
  • Mjunction Services Limited - India
  • World Bank
  • Indian Energy Exchange, India
  • Maharashtra Electricity Regulatory Commission - India
  • Ind-Barath Power Infra Limited - India
  • Semirara Mining Corp, Philippines
  • Chettinad Cement Corporation Ltd - India
  • European Bulk Services B.V. - Netherlands
  • RBS Sempra - UK
  • Metalloyd Limited - United Kingdom
  • Mercator Lines Limited - India
  • UBS Singapore
  • Bukit Baiduri Energy - Indonesia
  • IMC Shipping - Singapore
  • Shree Cement - India
  • Coal India Limited
  • Indian Oil Corporation Limited
  • Berau Coal - Indonesia
  • White Energy Company Limited
  • TNB Fuel Sdn Bhd - Malaysia
  • Indika Energy - Indonesia
  • Adani Power Ltd - India
  • GB Group - China
  • Vitol - Bahrain
  • EIA - United States
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Energy Development Corp, Philippines
  • Shenhua Group - China
  • Bahari Cakrawala Sebuku - Indonesia
  • Ministry of Finance - Indonesia
  • ICICI Bank Limited - India
  • South Luzon Thermal Energy Corporation
  • Oldendorff Carriers - Singapore
  • Gujarat Sidhee Cement - India
  • Japan Coal Energy Center
  • PLN - Indonesia
  • Cosco
  • The India Cements Ltd
  • CoalTek, United States
  • International Coal Ventures Pvt Ltd - India
  • Lafarge - France
  • World Coal - UK
  • Glencore India Pvt. Ltd
  • Price Waterhouse Coopers - Russia
  • Maruti Cements - India
  • Merrill Lynch Commodities Europe
  • Geoservices-GeoAssay Lab
  • NTPC Limited - India
  • Core Mineral Indonesia
  • Indogreen Group - Indonesia
  • CESC Limited - India
  • Ministry of Mines - Canada
  • globalCOAL - UK
  • The University of Queensland
  • McKinsey & Co - India
  • Indorama - Singapore
  • VISA Power Limited - India
  • Parry Sugars Refinery, India
  • Xindia Steels Limited - India
  • Runge Indonesia
  • HSBC - Hong Kong
  • WorleyParsons
  • Bhatia International Limited - India
  • Chamber of Mines of South Africa
  • Power Finance Corporation Ltd., India
  • TeaM Sual Corporation - Philippines
  • The Treasury - Australian Government
  • SMG Consultants - Indonesia
  • Maybank - Singapore
  • Bayan Resources Tbk. - Indonesia
  • Arch Coal - USA
  • Thiess Contractors Indonesia
  • Reliance Power - India
  • IEA Clean Coal Centre - UK
  • Merrill Lynch Bank
  • Toyota Tsusho Corporation, Japan
  • Intertek Mineral Services - Indonesia
  • Petrosea - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • IBC Asia (S) Pte Ltd
  • PNOC Exploration Corporation - Philippines
  • KPCL - India
  • Tata Chemicals Ltd - India
  • Bangladesh Power Developement Board
  • Indo Tambangraya Megah - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Gresik Semen - Indonesia
  • Wood Mackenzie - Singapore
  • CIMB Investment Bank - Malaysia
  • JPower - Japan
  • Star Paper Mills Limited - India
  • EMO - The Netherlands
  • Rio Tinto Coal - Australia
  • India Bulls Power Limited - India
  • Kartika Selabumi Mining - Indonesia
  • SMC Global Power, Philippines
  • Mechel - Russia
  • KEPCO - South Korea
  • Vizag Seaport Private Limited - India
  • Attock Cement Pakistan Limited
  • Cemex - Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PetroVietnam
  • Fearnleys - India
  • San Jose City I Power Corp, Philippines
  • Thriveni
  • GN Power Mariveles Coal Plant, Philippines
  • ACC Limited - India
  • Coal and Oil Company - UAE
  • KPMG - USA
  • Uttam Galva Steels Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • IHS Mccloskey Coal Group - USA
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coal Orbis AG
  • Vijayanagar Sugar Pvt Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Gupta Coal India Ltd
  • Kideco Jaya Agung - Indonesia
  • Larsen & Toubro Limited - India
  • SASOL - South Africa
  • Ernst & Young Pvt. Ltd.
  • Samtan Co., Ltd - South Korea
  • Latin American Coal - Colombia
  • Vale Mozambique
  • Noble Europe Ltd - UK
  • Directorate General of MIneral and Coal - Indonesia
  • Platou - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Rudhra Energy - India
  • Grasim Industreis Ltd - India
  • Central Electricity Authority - India
  • Thai Mozambique Logistica
  • Indian School of Mines
  • Bhoruka Overseas - Indonesia
  • Essar Steel Hazira Ltd - India
  • McConnell Dowell - Australia
  • Adaro Indonesia
  • Coalindo Energy - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Interocean Group of Companies - India
  • Neyveli Lignite Corporation Ltd, - India
  • Coaltrans Conferences
  • Mintek Dendrill Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Borneo Indobara - Indonesia
  • GHCL Limited - India
  • Formosa Plastics Group - Taiwan
  • Mercuria Energy - Indonesia
  • PowerSource Philippines DevCo
  • Mitsui
  • Renaissance Capital - South Africa
  • Miang Besar Coal Terminal - Indonesia
  • Maersk Broker
  • Marubeni Corporation - India
  • Posco Energy - South Korea
  • Baramulti Group, Indonesia
  • Barclays Capital - USA
  • Sojitz Corporation - Japan
  • Total Coal South Africa
  • Bank of China, Malaysia
  • Global Coal Blending Company Limited - Australia
  • Asia Cement - Taiwan
  • Cardiff University - UK
  • Therma Luzon, Inc, Philippines
  • Meenaskhi Energy Private Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Jaiprakash Power Ventures ltd
  • Makarim & Taira - Indonesia
  • APGENCO India
  • Samsung - South Korea
  • Heidelberg Cement - Germany
  • Wilmar Investment Holdings
  • Karbindo Abesyapradhi - Indoneisa
  • Panama Canal Authority
  • GVK Power & Infra Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • GMR Energy Limited - India
  • Africa Commodities Group - South Africa
  • Altura Mining Limited, Indonesia
  • Credit Suisse - India
  • CNBM International Corporation - China
  • Kapuas Tunggal Persada - Indonesia
  • Ambuja Cements Ltd - India
  • Georgia Ports Authority, United States
  • Deutsche Bank - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Leighton Contractors Pty Ltd - Australia
  • CCIC - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Tanito Harum - Indonesia
  • Parliament of New Zealand
  • Bhushan Steel Limited - India
  • Siam City Cement PLC, Thailand
  • OPG Power Generation Pvt Ltd - India
  • bp singapore
  • Central Java Power - Indonesia
  • Commonwealth Bank - Australia
  • Thailand Anthracite
  • New Zealand Coal & Carbon
  • Tamil Nadu electricity Board
  • Malco - India
  • Carbofer General Trading SA - India
  • Pendopo Energi Batubara - Indonesia
  • ASAPP Information Group - India
  • Banpu Public Company Limited - Thailand
  • Medco Energi Mining Internasional
  • Singapore Mercantile Exchange
  • Sakthi Sugars Limited - India
  • Coeclerici Indonesia
  • UOB Asia (HK) Ltd
  • Surastha Cement
  • ING Bank NV - Singapore
  • Sree Jayajothi Cements Limited - India
  • NALCO India
  • GNFC Limited - India
  • Antam Resourcindo - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Pinang Coal Indonesia
  • OCBC - Singapore
  • Iligan Light & Power Inc, Philippines
  • Kumho Petrochemical, South Korea
  • Straits Asia Resources Limited - Singapore
  • Electricity Generating Authority of Thailand
  • Asian Development Bank
  • Riau Bara Harum - Indonesia
  • Ince & co LLP
  • LBH Netherlands Bv - Netherlands
  • Cement Manufacturers Association - India
  • Eastern Coal Council - USA
  • TNPL - India
  • Alfred C Toepfer International GmbH - Germany
  • Cebu Energy, Philippines
  • Minerals Council of Australia
  • Sical Logistics Limited - India
  • Lanco Infratech Ltd - India
  • Orica Australia Pty. Ltd.
  • Humpuss - Indonesia
  • Indonesian Coal Mining Association
  • Permata Bank - Indonesia
  • The State Trading Corporation of India Ltd
  • Orica Mining Services - Indonesia
  • Deloitte Consulting - India
  • DBS Bank - Singapore
  • Arutmin Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Bulk Trading Sa - Switzerland
  • SRK Consulting
  • Moodys - Singapore
  • SUEK AG - Indonesia
  • Sucofindo - Indonesia
  • Vedanta Resources Plc - India
  • MEC Coal - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Trasteel International SA, Italy
  • Tata Power - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Electricity Authority, New Zealand
  • TANGEDCO India
  • Bangkok Bank PCL
  • Mitsubishi Corporation
  • Infraline Energy - India
  • Manunggal Multi Energi - Indonesia
  • Salva Resources Pvt Ltd - India
  • Independent Power Producers Association of India
  • Jatenergy - Australia
  • Billiton Holdings Pty Ltd - Australia
  • ETA - Dubai
  • Argus Media - Singapore
  • GAC Shipping (India) Pvt Ltd
  • SGS (Thailand) Limited
  • London Commodity Brokers - England
  • Platts
  • BRS Brokers - Singapore
  • Malabar Cements Ltd - India
  • BNP Paribas - Singapore
  • JPMorgan - India
  • Karaikal Port Pvt Ltd - India
  • Jindal Steel & Power Ltd - India
  • Economic Council, Georgia
  • Qatrana Cement - Jordan
  • Thomson Reuters GRC
  • Binh Thuan Hamico - Vietnam
  • Edison Trading Spa - Italy
  • TGV SRAAC LIMITED, India
  • Ministry of Transport, Egypt
  • ANZ Bank - Australia
  • Clarksons - UK
  • Simpson Spence & Young - Indonesia
  • Savvy Resources Ltd - HongKong
  • Cigading International Bulk Terminal - Indonesia
  • Bharathi Cement Corporation - India
  • Videocon Industries ltd - India
  • Goldman Sachs - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Inspectorate - India
  • Inco-Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Madhucon Powers Ltd - India
  • Australian Coal Association
  • U S Energy Resources
  • PTC India Limited - India